Citi: Amer Raises FY2026 Guidance, Positive for ANTA SPORTS
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Citi reports that Amer, associated with ANTA SPORTS, has raised its FY2026 guidance following strong 1Q results, indicating robust growth in the outdoor segment. This is positive for ANTA SPORTS and TOPSPORTS, which are also increasing their outdoor brand exposure. Amer's sales in Greater China grew 44% YoY, showcasing operational synergies with ANTA SPORTS, especially after its acquisition of Pumas China business.
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